Market Overview

Collective Health Expands Leadership and Advisory Board with Healthcare and HR Industry Leaders

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Collective
Health
today announced the addition of three seasoned healthcare and
HR leaders who will provide critical expertise around driving greater
value and innovation in employee health benefits. Eric Parmenter will
lead Collective Health's value-based care efforts, and Larry Leisure and
Kaye Foster have been appointed as strategic advisors.

This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171213006015/en/

Kaye Foster, Collective Health's latest strategic advisor. (Photo: Business Wire)

Kaye Foster, Collective Health's latest strategic advisor. (Photo: Business Wire)

"Employer-sponsored health benefits is quickly becoming the forefront
for transformation in American healthcare," said Ali Diab, co-founder
and CEO of Collective Health. "As we create products and experiences
that deliver more value for our employer customers and better health for
their employees, bringing a variety of viewpoints and depth of
experiences to our team is paramount to our success. We're thrilled to
welcome Kaye, Larry, and Eric to our growing team as we tackle one of
the biggest challenges in today's healthcare system."

Parmenter, who joined Collective Health in October, has nearly two
decades of experience creating value-based partnerships between
providers and employers that consistently deliver improved cost and
quality for health plans and their sponsors. Prior to Collective Health,
he served as Senior Vice President of Employer Solutions at Evolent
Health, led the healthcare system industry focus and middle-market work
at Towers Watson, and held leadership positions at various health
benefits consultancies.

"I'm excited to join Collective Health and help our enterprise customers
harness the innovation in value-based care to drive better results for
our employer customers and better health for our rapidly growing
membership," said Eric Parmenter, national leader of value-based care at
Collective Health. "I was drawn to the organization because of its
committed world-class team of leaders and I'm looking forward to working
together to continue to grow and scale across the U.S."

Kaye Foster and Larry Leisure join other distinguished leaders on the
Collective Health advisory board, including: Laszlo Bock, Humu CEO and
former Google Senior Vice President of People Operations; Jon Levin,
Dean of the Stanford Graduate School of Business; and Jeffrey Pfeffer,
the Thomas D. Dee II Professor of Organizational Behavior at the
Graduate School of Business at Stanford University.

Foster is a recognized human resources leader with more than 25 years of
experience building and running multinational people functions that
drive innovation and growth for Fortune 100 companies. Throughout her
career, Kaye served in executive HR leadership positions at Onyx
Pharmaceuticals, Johnson & Johnson, and Pfizer, developing and
implementing industry-leading compensation and benefits, talent
acquisition and development, performance management, and learning and
development strategies. She is currently a Senior Advisor at the Boston
Consulting Group (BCG). Additionally, Kaye serves on the Board of
Trustees of Stanford Health Care, the Board of Directors of Agios
Pharmaceuticals (a leader in the fields of cancer metabolism and rare
genetic disorders of metabolism), and the Board of Directors of Grail
Inc.(a biotech company). She also chairs the Board of Glide Memorial
Foundation in San Francisco.

Leisure is a recognized industry leader with more than 30 years of
experience at the intersection of healthcare and technology. Most
notably, he helped build the health management consultancies at Willis
Towers Watson and Accenture, and co-founded Jiff and Healthspottr. He's
currently a Co-founder and Managing Director of Chicago Pacific Founders
and the Chairman of the Washington, DC based advisory firm ADVI. He
serves on the board of directors of several health services companies
including P3, iN2L, and Recovery Ways.

About Collective Health

Collective Health gives companies a smarter way to provide healthcare
coverage through technology and design. Powered by a platform that
connects and administers the entire health benefits ecosystem—health
plans, benefits programs, spending accounts, employee support—their
solution delivers an effortless experience for everyone. Focused on
serving the 170M+ Americans who receive healthcare coverage from their
employers, the Collective Health platform has been selected by leading
U.S. employers. Founded in October 2013, Collective Health is backed by
NEA, Founders Fund, Google Ventures, and other leading investors. The
company is headquartered in San Francisco, Calif. For more information,
visit https://www.collectivehealth.com.

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